Director/PDMR Shareholding

Bellway PLC
22 November 2006


                                  BELLWAY PLC

                            DIRECTOR'S SHAREHOLDINGS

                               22ND NOVEMBER 2006


The company was yesterday informed that under the terms of the Bellway plc
Employee Share Trust (1992) (an arrangement to reward directors and employees)
119,690 Bellway plc 12.5p ordinary shares were yesterday transferred to the
following directors for a consideration of £1 per director:


H C Dawe                    -           38,119

J K Watson                  -           32,384

P J Stoker                  -           27,455

A M Leitch                  -           21,732

                                       119,690


In addition, a further 11,898 shares were transferred to another employee at the
same time for a consideration of £1.


Immediately thereafter, 93,071 Bellway plc 12.5p ordinary shares were sold at a
price of £14.020625 per share as follows:


H C Dawe                    -           34,500

J K Watson                  -           13,384

P J Stoker                  -           23,455

A M Leitch                  -           21,732

                                        93,071


Following the above transactions, the number of Bellway plc 12.5p ordinary
shares which are beneficially held by each of the directors concerned is as
follows:


                          Current       Previous


H C Dawe          -       103,971        100,352

J K Watson        -       342,770        323,770

P J Stoker        -       490,000        486,000

A M Leitch        -        86,000         86,000


In addition, the total number of shares held in the Bellway plc Employee Share
Trust (1992) is 285,851 (0.25%)  (417,439; 0.36%).  Of these, the Chairman, Mr H
C Dawe and the executive directors have a beneficial interest in 204,107 (0.18%)
(312,453; 0.27%) ordinary shares held under the terms of the company's deferred
bonus arrangements.


Under the terms of the Bellway plc (2004) Performance Share Plan, the Chairman,
Mr H C Dawe and the executive directors have a potential beneficial interest in
up to 483,129 (0.42%) (483,129; 0.42%) shares held in the Trust.


In addition, each Bellway executive director has a potential further beneficial
interest in up to nil (0.0%) (nil; 0.0%) shares held in the Trust.


The other interests of the directors remain unchanged.


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